Canada Urges Euro-Zone Stimulus

TODAY: Sept. 22, 2014 PUB DATE: Sept. 22, 2014

European economies need to quickly embrace a fiscal-stimulus plan because the region is "perilously close" to deflation, Canadian Finance Minister Joe Oliver said Sunday, warning such a turn could have negative consequences for a global economy. "What we do not ...

Italy Industrial Orders Drop Again in July

TODAY: Sept. 22, 2014 PUB DATE: Sept. 22, 2014

By Giada Zampano ROME--Italian industrial orders dropped in July as both foreign and domestic demand slipped, underscoring the struggle of eurozone's third-largest economy to exit a prolonged recession. Industrial orders declined 1.5% on the month, after a similar drop in ...

Dollar Softens Against Yen as Investors Take Profits

TODAY: Sept. 22, 2014 PUB DATE: Sept. 22, 2014

By Tatsuo Ito The dollar softened against the yen in Asia on Monday as overseas players locked in profits after its recent rapid rise to fresh six-year highs. The greenback hit Y109.46 last week, its highest since August 2008, as ...

Oil Markets Remain Subdued, Brent Drops Below $98/bbl

TODAY: Sept. 22, 2014 PUB DATE: Sept. 22, 2014

By Eric Yep Crude-oil futures edged lower in Asian trading hours Monday as investors stayed on the sidelines ahead of economic data due later this week. On the New York Mercantile Exchange, light, sweet crude futures for delivery in October ...

Bundesbank: Growth Trend Unlikely To Be Interrupted

TODAY: Sept. 22, 2014 PUB DATE: Sept. 22, 2014

FRANKFURT--Germany's central bank on Monday sought to dispel fears of an abrupt interruption to the country's growth trend, though cautioned that some positive recent data were supported by one-off factors that didn't accurately represent the state of the economy. The ...

EU Antitrust Near Approval of EDF-Led UK Nuclear Project -- Report

TODAY: Sept. 22, 2014 PUB DATE: Sept. 22, 2014

European Union's antitrust chief Joaquin Almunia is close to approve a 16 billion pound ($26.06 billion) nuclear project led by French state-owned utility Electricite de France SA (EDF.FR) in the U.K. announced in late 2013, French newspaper Les Echos reports, ...

Weidmann Criticizes ECB's New Measures

TODAY: Sept. 22, 2014 PUB DATE: Sept. 22, 2014

FRANKFURT--Germany's central-bank chief Jens Weidmann criticized the European Central Bank's new measures to stimulate Europe's weak economy and boost inflation, according to a media report on Sunday. In an interview with German weekly Der Spiegel, the Bundesbank president was particularly ...

Dutch House Prices Rise 1.7% on Year -- Market Talk

TODAY: Sept. 22, 2014 PUB DATE: Sept. 22, 2014

0759 GMT House prices in the Netherlands rose for the fifth straight month in August, data show Monday, confirming views that the country's housing market is slowly recovering from a lengthy slump. The figures could give a further boost to ...

Crude Oil Price Falls on High Supply, Concerns About Demand

TODAY: Sept. 22, 2014 PUB DATE: Sept. 22, 2014

By Cassie Werber Crude oil prices were down Monday, as high supply continues to weigh on prices. "Plentiful non-OPEC supply--especially in the U.S.--in combination with concerns about demand in Europe and China are continuing to weigh on [oil's] price," analysts ...

CURRENCIES: Dollar Softens Against Yen As Investors Take Profits

TODAY: Sept. 22, 2014 PUB DATE: Sept. 22, 2014

By Tatsuo Ito The dollar softened against the yen in Asia on Monday as overseas players locked in profits after its recent rapid rise to fresh six-year highs. The greenback (USDJPY) hit Yen109.46 last week, its highest since August 2008, ...

Your Annual Gift-Tax Exclusions

TODAY: Sept. 22, 2014 PUB DATE: Sept. 21, 2014

By Tom Herman Q: I recall a few years ago some IRS program having to do with an individual giving a gift of up to $10,000, I believe, to a family member, with no tax advantage or disadvantage. Do you ...

Canada Urges Euro-Zone Stimulus as Deflation Is 'Perilously Close'

TODAY: Sept. 22, 2014 PUB DATE: Sept. 21, 2014

By Paul Vieira European economies need to quickly embrace a fiscal-stimulus plan because the region is "perilously close" to deflation, Canadian Finance Minister Joe Oliver said Sunday, warning such a turn could have negative consequences for a global economy. "What ...

New Zealand Prime Minister John Key Wins Third Term -- 2nd Update

TODAY: Sept. 22, 2014 PUB DATE: Sept. 21, 2014

By Rebecca Howard WELLINGTON, New Zealand--New Zealand's prime minister has vowed to build a coalition rather than govern alone, after his ruling National Party won a resounding victory in Saturday's election. John Key is set to lead New Zealand for ...

Investors Bet on Asia Despite U.S. Rate Threat

TODAY: Sept. 22, 2014 PUB DATE: Sept. 21, 2014

By Chao Deng A consensus is emerging among investors that some Asian markets can do well even with the prospect of higher U.S. interest rates on the horizon. Fund managers see stepped-up corporate and economic overhauls by leadership in China ...

New Zealand Election Sees Prime Minister John Key Win Third Term

TODAY: Sept. 22, 2014 PUB DATE: Sept. 20, 2014

By Rebecca Howard WELLINGTON, New Zealand--Prime Minister John Key is set to lead New Zealand for a third consecutive term after his National Party won 48% of the vote in Saturday's election. Official results show Mr. Key's party will likely ...

Canada Considers Ways to Cool Housing Market

TODAY: Sept. 22, 2014 PUB DATE: Sept. 20, 2014

By Paul Vieira And Rita Trichur The chief executive of Canada's government-owned mortgage insurer said Ottawa is considering a series of proposals, including getting the country's banks to share in the risk of backstopping insured mortgages, to tame a frothy ...